The Deen's List(TM)
A service of Deen Capital Management, Inc. (www.deencapital.com)
Vol.1 #55           Thursday November 13 2003           11:58am ET

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Market stance: BULLISH (since Oct 3 2003)

****************************** Sold EENC *******************************

Enterra Energy Corp (EENC)

Net sell price in managed accounts(*).... $18.92
Date(s) bought........................... Oct 27 2003
Net buy price in managed accounts(*)..... $17.99
Holding period........................... 2.4 weeks
Gain/loss in managed accounts............ +5.2% (after commissions)

(*) The net buy (sell) price is the total net cost (proceeds) after
commissions for all managed accounts divided by the total number of
shares.

This morning, Thu Nov 13, before the open, Enterra Energy announced
results for the quarter ended Sep 30.  I do not have sales or earnings
estimate data on this small stock, so I cannot say whether this was a
positive surprise or a negative surprise.  The numbers do look very
good compared to a year ago (revenue up 260%, earnings-per-share 10c
vs 5c), but the market reaction was very negative.

A negative market reaction to earnings news is reason enough for me to
sell.  I sold today, Thu Nov 13.

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************************************************************************

Ken Deen
Deen Capital Management, Inc.
PO Box 30925
Santa Barbara, CA 93130
(805) 682-1870
deenslist@deencapital.com

Copyright (C) 2003 Deen Capital Management, Inc.